1261 W 51st Place Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $4,808/month
Highlights
- Laundry Room
- Rectangular Lot
- Front Yard
- Central Heating and Cooling System
About This Home
**NEW REDUCED PRICE, PRICED TO SELL**Craftsman Style Duplex! Located in the highly desirable Vermont Square neighborhood of South L.A., just minutes from USC, BMO Stadium, the L.A. Coliseum, Exposition Park, and several museums. This rare gem has been thoughtfully remodeled and updated while preserving its classic Craftsman character. Front Unit (Approx. 1,800 sq. ft.), 4 bedrooms (1 downstairs, 3 upstairs), 2 fully updated bathrooms (1 on each level), Freshly painted interior with new laminate wood flooring throughout, Renovated kitchen with modern finishes, New recessed lighting & fixtures, 2 central A/C units (one per floor), Inside laundry area. Detached Rear Unit is 1 bedroom, 1 bathroom, Fully renovated kitchen and bathroom, New flooring and lighting throughout, Laundry area, New roof. Additional features include a long shared driveway which leads to a detached garage, ideal for tandem parking for two vehicles or the potential for a future ADU. This property is move-in ready and perfect for an owner-user or investor. Don’t miss this rare opportunity...schedule your private tour today!
Listing Agent
Executive Bankers Realty Brokerage Phone: 562-755-7908 License #01225477 Listed on: 10/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $833
Year Built
- Built in 1913
Lot Details
- 4,881 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Front Yard
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,401 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 421
- Tax Tract Number 2323
- Assessor Parcel Number 5017008031
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $833 | $640,000 | $450,000 | $190,000 |
| 2024 | $833 | $46,466 | $24,000 | $22,466 |
| 2023 | $826 | $45,556 | $23,530 | $22,026 |
| 2022 | $800 | $44,664 | $23,069 | $21,595 |
| 2021 | $773 | $43,789 | $22,617 | $21,172 |
| 2020 | $773 | $43,341 | $22,386 | $20,955 |
| 2019 | $754 | $42,493 | $21,948 | $20,545 |
| 2018 | $676 | $41,661 | $21,518 | $20,143 |
| 2016 | $6,192 | $40,046 | $20,684 | $19,362 |
| 2015 | $612 | $39,446 | $20,374 | $19,072 |
| 2014 | $629 | $38,674 | $19,975 | $18,699 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | Price Changed | $899,999 | 0.0% | $375 / Sq Ft | |
| 11/05/2025 11/05/25 | For Sale | $899,999 | -4.5% | $375 / Sq Ft | |
| 11/03/2025 11/03/25 | Off Market | $942,222 | -- | -- | |
| 10/03/2025 10/03/25 | For Sale | $942,222 | +47.2% | $392 / Sq Ft | |
| 03/28/2025 03/28/25 | Sold | $640,000 | -22.9% | $640,000 / Sq Ft | View Prior Sale |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- | |
| 02/15/2025 02/15/25 | Price Changed | $830,000 | -2.4% | $830,000 / Sq Ft | |
| 12/05/2024 12/05/24 | For Sale | $850,000 | -- | $850,000 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $640,000 | California Best Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Group | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $115,000 | New Conventional | |
| Previous Owner | $97,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25232012
APN: 5017-008-031
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